Risk Management

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FSR advocates for the development of robust risk management practices that protect the financial and reputational strength of financial institutions, their customers, and the financial system. Risk management priorities cover insurance industry, systemic risk, prudential risk, and enterprise risk issues.

Policy discussions in this area are continually informed though input for executives that serve on the FSR Risk Management Policy Committee as well as the FSR Chief Risk Officers Council.

Current Risk Management Priorities:

  • Cybersecurity
  • Federal Government Involvement in Insurance Regulation
  • Reauthorization of the National Flood Insurance Program
  • Capital Planning & Stress Testing Requirements
  • Resolution and Recovery Plan Requirements
  • The Designation Process of the Financial Stability Oversight Council
  • Patents and Intellectual Property
  • Capital Standards for Financial Entities (Bank & Non-Bank)
  • Bankruptcy Reform and “Too Big to Fail” Issues
  • Swaps & Derivatives
Joint Trades Comment letter on GSIB Surcharge

Federal Reserve Proposal to Revise Liquidity Monitoring Reports for Non-Banks

FSR and ACLI request that the Federal Reserve take time to tailor the liquidity reporting requirements of FR 2052a to Nonbank Financial Companies (NFCs)

FSR Comments on FR 2052a and 2052b

FSR supports the efforts of the Federal Reserve Board to improve regulatory standards and industry practices with respect to liquidity. However, FSR is concerned with aspects of the proposed changes to forms FR 2052a and FR 2052b.

The Application of Enhanced Prudential Standards to GE Capital

FSR is concerned the aspects of the proposal apply enhanced standards to GE Capital without adequate notice or justification.

FSR Comments on Proposed FSB TLAC Requirements

FSR, along with other industry trade associations, support a well-structured and appropriately-applied TLAC requirement.